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Sarah Mitchell

CNESRESABR

Compass Real Estate · Ashley Heights, NC

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Ashley Heights, NC(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Ashley Heights, NC Housing Market

Balanced market
Redfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The last median sale price Redfin published was $314,950 (through May 2026). With 4.0 months of supply and homes going under contract in about 35 days, Ashley Heights is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $314,950 home is about $1,681/mo in principal and interest.

Key numbers for Ashley Heights, NC

Median sale price

$314,950

Last published period

Redfin, through May 2026

Days on market

35

Average pace

Redfin, through May 2026

Active listings

24

4.0 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$52,375

Home costs 6.0x income

U.S. Census ACS, 2023

Sale-to-list ratio

100.0%

Selling above asking

Redfin, through May 2026

Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Ashley Heights a buyer's or seller's market?

Balanced market4.0 months of supply35 days on market100.0% of asking

Ashley Heights, NC is a balanced market, based on 4.0 months of supply and homes selling in about 35 days. 4 to 5 months of supply is the neutral band: neither side holds a structural advantage, and outcomes turn on the individual property.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Ashley Heights housing market data show?

Every row below is Redfin's final published month for Ashley Heights, NC. Redfin, through May 2026

Housing market statistics for Ashley Heights, NC, Redfin through May 2026
MetricValue
Median sale price$314,950
Median list price$335,690
Median price per sq ft$162/sq ft
Median days on market35 days
Active inventory24 listings
Months of supply4.0 months
Sale-to-list price ratio100.0%
Homes sold (that month)6
New listings (that month)3
Listings with a price cut12.5%
Market conditionBalanced market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Ashley Heights is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Ashley Heights is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Ashley Heights home prices moved?

Across the 15 months we hold for Ashley Heights, NC, the median sale price fell 25.9%, from $425,000 in April 2022 to $314,950. 12.5% of Ashley Heights listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 4.0 months while the sale-to-list ratio slips below its current 100.0%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Ashley Heights?

Priced off the median sale price of $314,950 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Ashley Heights, NC
Down paymentCash at closeLoan amountMonthly P&I
20%$62,990$251,960$1,681/mo
5%$15,747$299,202$1,997/mo

Redfin, through May 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,681, that implies roughly $72,059 a year before you add taxes and insurance. The median household in Ashley Heights earns $52,375, about $19,684 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the median sale price to fit the 28% rule. That puts the price-to-income ratio at 6.0x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Ashley Heights in the next 12 months?

Tell us your timeline. We send the Ashley Heights market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Ashley Heights?

Zillow does not publish a rent index (ZORI) for Ashley Heights, NC, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in Ashley Heights?

Active listings in Ashley Heights, NC went from 2 in April 2022 to 24 in May 2026, a +1100.0% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.

Active listings by month in Ashley Heights, NC
MonthActive listingsNew listings
April 20222not published
September 202332
February 20242not published
March 20241not published
October 2025172
December 2025163
January 2026184
March 2026218
April 2026288
May 2026243

Redfin, through May 2026

How does Ashley Heights compare to North Carolina and the U.S.?

Ashley Heights homes sell for $314,950 — 21% below the North Carolina median of $397,600. Against the national median of $410,700, Ashley Heights runs 23% lower.

Ashley Heights, NC compared with North Carolina and the United States
MarketMedian sale priceYoYDays on market
Ashley Heights, NC$314,950not published35 days
North Carolina statewide$397,600+2.1%52 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Ashley Heights

What buyers should watch

  • Months of supply, currently 4.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 12.5%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $315 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $314,950 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Ashley Heights listing goes under contract in 35 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 100.0% of asking. Price at the number you want and let competition do the rest.
  • In the last published month Ashley Heights added 3 new listings against 6 sales — more clearing than arriving, which is the better window to list.
  • Comparable ZIP-level pricing inside Ashley Heights varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Ashley Heights

There are currently 24 homes listed for sale in Ashley Heights, North Carolina. The median listing price is $336K.

Active listings

24

Homes on market

Median list price

$336K

Avg. days on market

35

Days until sale

New this week

3

Newly listed

Price drops:12.5%of listings
Sale-to-list:100.0%

How much do homes cost in Ashley Heights by property type?

How the Ashley Heights, NC market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Ashley Heights, NC
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$314,950$162/sq ft635 days

Who lives in Ashley Heights?

American Community Survey estimates for Ashley Heights. U.S. Census ACS, 2023

Population

301

Households

121

Median income

$52,375/yr

Median age

58.4 years

Owner-occupied

82.6%

Median home value

$85,700

Mean commute

13.4 min

82.6% of occupied homes in Ashley Heights are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.

Which cities are near Ashley Heights, NC?

Ordered by distance from Ashley Heights, not by size. Compare Ashley Heights side by side with any of them.

Ashley Heights housing market FAQ

Is Ashley Heights a buyer's or seller's market?

Ashley Heights, NC is currently a balanced market. That read comes from 4.0 months of supply, homes going under contract in about 35 days, and sellers getting 100.0% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Ashley Heights?

The median sale price in the last month Redfin published was $314,950, about $162 per square foot.

Is Ashley Heights cheaper than the rest of North Carolina?

Ashley Heights's median sale price of $314,950 is 21% lower than the North Carolina statewide median of $397,600, and 23% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Ashley Heights?

Homes in Ashley Heights, NC spent a median of 35 days on market before going under contract, versus 52 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Ashley Heights?

At the current 30-year fixed rate of 7.03%, 20% down on a $314,950 home is about $1,681 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $72,059 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $52,375.

Are home prices rising in Ashley Heights?

We do not hold a complete 12-month value series for Ashley Heights, NC yet, so we are not going to call a direction. The price chart above shows every period we do have.

What are the cheapest ZIP codes in Ashley Heights?

Ashley Heights ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Ashley Heights?

That depends on your timeline, not on a headline. What the data says today: Ashley Heights, NC is a balanced market with 4.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.

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One email: what homes are actually clearing at around $314,950, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.